The EU Green Deal – a roadmap to sustainable economies

The European Green Deal  presents a roadmap for making the EU’s economy sustainable by turning climate and environmental challenges into opportunities across all policy areas and making the transition just and inclusive for all. The European Green Deal aims to boost the efficient use of resources by moving to a clean, circular economy and stop climate change, revert biodiversity loss and cut pollution. It outlines investments needed and financing tools available, and explains how to ensure a just and inclusive transition. The European Green Deal covers all sectors of the economy, notably transport, energy, agriculture, buildings, and industries such as steel, cement, ICT, textiles and chemicals.

Climate change and environmental degradation are an existential threat to Europe and the world. To overcome these challenges, the European Green Deal will transform the EU into a modern, resource-efficient and competitive economy, ensuring:

  • no net emissions of greenhouse gases by 2050
  • economic growth decoupled from resource use
  • no person and no place left behind

The European Green Deal is also our lifeline out of the COVID-19 pandemic. One third of the 1.8 trillion euro investments from the NextGenerationEU Recovery Plan, and the EU’s seven-year budget will finance the European Green Deal.

Road transport is a main contributor of CO2 emissions, and therefor a lot of focus and energy will be needed to decarbonize this sector as part of the EU Green Deal.

According to the European Environment Agency:

  • In 2017, 27 % of total EU-28 greenhouse gas emissions came from the transport sector (22 % if international aviation and maritime emissions are excluded). CO2 emissions from transport increased by 2.2 % compared with 2016.
  • Emissions from transport (including international aviation but excluding international shipping) in 2017 were 28 % above 1990 levels, despite a decline between 2008 and 2013. 
  • International aviation was responsible for the largest percentage increase in greenhouse gas emissions over 1990 levels (+129 %), followed by international shipping (+32 %) and road transport (+23 %). However, EEA estimates show that emissions from transport (including aviation) decreased by 0.7 % in 2018.
  • Emissions need to fall by around two thirds by 2050, compared with 1990 levels, in order to meet the long-term 60 % greenhouse gas emission reduction target as set out in the 2011 Transport White Paper.

The Green Deal aims to boost the efficient use of resources by moving to a clean, circular economy and stop climate change, revert biodiversity loss and cut pollution. It outlines investments needed and financing tools available, and explains how to ensure a just and inclusive transition. The European Green Deal covers all sectors of the economy, notably transport, energy, agriculture, buildings, and industries such as steel, cement, ICT, textiles and chemicals.